|USD-CHF @ 1.0480/84...Sell rallies|
R: 1.0500 / 1.0550 / 1.0600
Dollar-Swiss has come off from the high of 1.0554. Failure to sustain the break above 1.0500 has now increase the chances of revisiting 1.0400-0350 in the coming sessions. On the upside, Resistance is seen at 1.0550 a break above which is not looking likely as of now. However, if seen might take the pair up towards 1.0600-50. Note that the 200-DMA is at 1.0651. A rally to 1.0600-50 might be considered as an opportunity to sell.
Limit Sell Order:
|GBP-USD @ 1.5890/92...Bullish|
R: 1.5920 / 1.5970-6000 / 1.6097
Cable has bounced back from the day's low of 1.5819 and is keeping up the overall bullish sentiment intact. A strong break above 1.5900 might take the pair further up towards 1.5970-6000 in the coming sessions. On the dowside significant Support is seen in the broad 1.5800-5760 region. With lack of strength on its downmove, we expect this Support in 1.5800-5760 region to hold incase a sharp pull back is seen from current level.
|AUD-USD @ 0.9145/48...Support at 0.9100|
R: 0.9170-9200 / 0.9290-9300 / 0.9365
Though Aussie is continuing to trade lower since the Asian session today, much momentum is not seen on its downmove. Support is seen at 0.9100 which might be tested in the coming sessions. A break below 0.9100 might pull it further down towards 0.9050-9000. The overall picture remains bullish and a dip to 0.9050-0.9000 can be considered as a good opportunity to buy. On the upside Resistance is seen in 0.9170-0.9200 region a strong break above which might take it up towards 0.9300-50.